Publication: Climbing the Ladder: Poverty Reduction and Shared Prosperity in Vietnam
Date
2018-01
ISSN
Published
2018-01
Author(s)
World Bank
Abstract
Vietnam has achieved remarkable success
in reducing poverty while controlling inequality. The
country’s broad-based growth reflects the government’s focus
on developing labor-intensive export sectors while investing
heavily in human capital that saw the country exceed its
peers. However, gains have been concentrated among the Kinh
and Hoa ethnic majority, while minority groups have not only
continued to experience poverty rates far above the national
average, but have seen slower progress too. This report
analyzes recent trends in poverty and shared prosperity. It
presents the findings of the 2016 Vietnam household and
living standards survey (VHLSS), highlighting important
progress and identifying new challenges. The report is
organized into two main sections. The first section reviews
Vietnam’s progress in reducing poverty and promoting share
prosperity. It describes updated poverty and shared
prosperity trends, the nature of economic mobility, and the
drivers of poverty reduction. The second section – titled
leaving no one behind is more forward-looking, starting by
identifying major constraints faced by the poor, then
proceeding to lay out challenges for moving the poverty and
shared prosperity agenda going forward.
Citation
“World Bank. 2018. Climbing the Ladder: Poverty Reduction and Shared Prosperity in Vietnam. © World Bank, Washington, DC. http://hdl.handle.net/10986/29684 License: CC BY 3.0 IGO.”